ALASKA FACTORING COMPANIES
Factoring Companies in Alaska to Grow Your Small Business
Are you a small B2B business looking for working capital? Consider accounts receivable factoring!
What is invoice factoring?
Accounts receivable factoring, also known as invoice factoring is the process of selling your active invoices to a factoring company for a cash advance, giving you more time and resources to focus on growing your business. Factoring is a simple extension of your current accounts receivable process.
How Does My Business Start Factoring in Alaska?
1– Fill out an online form or giving us a call.
2– From the info you provide, we will match you with an accounts receivable factoring company in our network to cover all your financial needs.
3– The factoring company puts your business through a quick approval process.
4– Once approved, your business submits invoices for completed work to the factoring company.
5– The factoring company contacts your customer and verifies the service listed was completed or order was filled.
6– The factoring company advances your business up to 95 percent of the accounts receivable. The rest is kept as the reserve.
7– Your customer pays the factoring company on their normal payment terms.
8– The factoring company releases the reserve to you once the payment is received, minus a small factoring fee.
Factoring Industries in Alaska
No matter the industry you are in, get matched with a factoring company in Alaska that can give your business the advantage it needs.
Oilfield Services: If your oil drilling company wants to grow but doesn’t have the funds to do so, an Alaska factoring company could be your solution.
Staffing Agencies: Tired of waiting for your customers to pay? We can help increase your staffing agency’s cash flow through factoring in Alaska.
Tourism:Do you want your tourism business stand out amongst the crowd? Secure extra capital to market your business using Alaska factoring companies!
Request a Quote
Request a quote from our extensive factoring company network.
More Industries Served in Alaska
Agriculture
Does your food production company need more money to grow? We’ve got you covered when it comes to invoice factoring.
Healthcare
Are you in the healthcare industry and in need of a stronger working capital? Let us help match you with a factor who specializes in your industry.
Construction
Tell us about your construction financing needs and we’ll match you with the right financing company.
Grow your Business Through Factoring in Alaska
Cash once tied up in accounts receivable is now in your hands to power your business growth. Factoring allows you to keep your business flourishing without the worries of cash flow. We can get your small business paired with a factoring company in Alaska that can provide your business with the capital it needs while eliminating the wait! Contact us today and we’ll take it from there.
Factoring Companies Near Me
Whether your business is outside of Anchorage or Juneau, we can find you a factoring company that fits your Alaskan-based business needs.